We’ll never get this chance again – don’t let it slip away

The author calls on energy ministers attending the IEA Clean Energy Transitions Summit to allocate global stimulus funds toward a sustainable recovery. The text advocates for the IEA's Sustainable Recovery Plan and specific policy targets, such as phasing out coal by 2040 and ending fossil fuel subsidies by 2025, while highlighting the potential for significant job creation and the growing corporate and public support for a green transition.

• The IEA's Sustainable Recovery Plan proposes cost-effective measures for 2021 to 2023, including the acceleration of wind and solar deployment, electricity grid modernisation, electric vehicles, high-speed rail, building energy efficiency, and innovation in batteries, hydrogen, and carbon capture.
• The We Mean Business coalition advocates for specific policy targets: 100% clean power, zero carbon power systems by 2050, a total coal phase-out by 2040, a phase-out of petrol, diesel, and hybrid vehicles by 2030 or earlier, and the termination of all fossil fuel subsidies for producers and consumers by 2025.
• Implementing a Sustainable Recovery Plan could save or create 9 million jobs, which contrasts with the 3 million jobs already lost in the energy sector during the COVID-19 crisis and another 3 million currently at risk.
• There is significant corporate and public momentum for a green recovery, with 242 companies committed to RE 100, 77 to EV100, and over 900 to the science based targets initiative. Additionally, nearly two-thirds of global survey respondents in April indicated that post-pandemic recovery should prioritise climate change.
• Adopting circular economy principles can significantly reduce emissions; for instance, producing a tonne of recycled steel generates 0.4 tonnes of CO2, compared to 2.4 tonnes for a tonne of new steel.

APA

Mendiluce, M. (2020). We’ll never get this chance again – don’t let it slip away. We Mean Business Coalition. https://www.wemeanbusinesscoalition.org/blog/iea-clean-energy-transitions-summit-2020/

Chicago

Mendiluce, María. We’ll never get this chance again – don’t let it slip away. We Mean Business Coalition, 2020. https://www.wemeanbusinesscoalition.org/blog/iea-clean-energy-transitions-summit-2020/.

Wikipedia

{{cite press release |last1=Mendiluce |first1=María |title=We’ll never get this chance again – don’t let it slip away |publisher=We Mean Business Coalition |date=3 July 2020 |url=https://www.wemeanbusinesscoalition.org/blog/iea-clean-energy-transitions-summit-2020/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{mendiluce2020well, author = {Mendiluce, María}, title = {{We’ll never get this chance again – don’t let it slip away}}, publisher = {We Mean Business Coalition}, year = {2020}, month = jul, url = {https://www.wemeanbusinesscoalition.org/blog/iea-clean-energy-transitions-summit-2020/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }